Collection of Data Test

Result

Collection of Data Test - 13

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Weekly Quiz Competition

Question 1
1 / -0

How can statistical data collected?

A
Actual counting

B
Estimation

C
Measurement

D
All of the above
Question 2
1 / -0

When data is classified on the basis of attribute it is termed as________.

A
Geographical

B
Qualitative

C
Chronological

D
Both a&c

Solution

When data is classified on the basis of attribute it is termed as qualitative data. Qualitative data highlights the quality of the information. Attribute gets the special emphasis in analysing the data.
Question 3
1 / -0

After doing the thorough calculation of consumer demand by setting up stimulated stores, providing a sample of consumers with money, and then allowing them to purchase and keep the commodities they select in the stores is called the ______________.

A
consumer survey approach

B
observational approach

C
consumer clinic approach

D
product research approach

Solution

After doing the thorough calculation of consumer demand by setting up stimulated stores, providing a sample of consumers with money, and then allowing them to purchase and keep the commodities they select in the stores is called the consumer clinic approach. It is also known as 'Laboratory type' experiment. By this approach, a sample of consumers is given a specific budget and asked to plan out their expenditure.
Question 4
1 / -0

Data collected by research institutions is ________________.

A
primary data

B
secondary unpublished data

C
secondary published data

D
All of the above

Solution

Primary data is also known as raw data. It is the first-hand information. Data collected or gathered by research institutions is primary data. Primary data is collected only for a specificc purpose.
Question 5
1 / -0

Statistical data of estimation should ________________.

A
be able to draw meaningful conclusion

B
have reasonable accuracy

C
both A & B

D
none of the above

Solution

Statistical data should be numerically expressed and collated in a way that it enables to draw conclusions. Data should be collected with a purpose in order to for it to be accurate. It can be estimated to a degree as it may be highly impossible to collect data for the entire population, thus data that has reasonable accuracy is sufficient.
Question 6
1 / -0

Data is_______________.

A
Collectio of information about a person

B
Collection of information regarding the comparative things

C
Both A & B

D
None of the above

Solution

Data is collection of information regarding the comparative things. Data can consist both qualitative as well as quantitative information. It is usually formatted in a specific way.
Question 7
1 / -0

In order to save time and money, economists may collect their data by __________.

A
door to door survey

B
the use of censuses

C
using the earlier research papers

D
the use of samples

Solution

In order to save time and money, economists may collect their data by the use of samples.An observed set of the population that has been selected for analysis is called a sample. A sample is a small part of the whole information.
Question 8
1 / -0

Collected data should be ______________.

A
Quantitative

B
Subjective

C
Objective

D
None of the above

Solution

Collected data should be quantitative. Quantitative data consists of numerical variables. It measures the counts in numerical terms.
Question 9
1 / -0

The types of error in sample investigation way of collecting of data are ______________.

A
Actual error

B
Random error

C
Sampling error

D
Both b&c

Solution

The types of error in sample investigation way of collecting of data are both- random error and sampling error. Random error occurs when there is a precision limitation in the measurement device and sampling error occurs when the observation is done only on the sample and not on the whole population.
Question 10
1 / -0

For checking how many students scored above $$80\%$$ marks in a class what should be the source of data?

A
Secondary data

B
Mailed questions

C
Direct investigation

D
Sample investigation

Solution

For checking how many students scored above 80% marks in class, direct investigation should be conducted to collect the necessary data. Hence, direct investigation should be the source of data. Direct investigation is conducted by collecting the data directly from the students of the respective class.

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Re-Attempt Weekly Quiz Competition

Collection of Data Test - 13

Result

Collection of Data Test - 13

Score

-

Rank

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SHARING IS CARING

Question 1

Actual counting

Estimation

Measurement

All of the above

Question 2

Geographical

Qualitative

Chronological

Both a&c

Solution

Question 3

consumer survey approach

observational approach

consumer clinic approach

product research approach

Solution

Question 4

primary data

secondary unpublished data

secondary published data

All of the above

Solution

Question 5

be able to draw meaningful conclusion

have reasonable accuracy

both A & B

none of the above

Solution

Question 6

Collectio of information about a person

Collection of information regarding the comparative things

Both A & B

None of the above

Solution

Question 7

door to door survey

the use of censuses

using the earlier research papers

the use of samples

Solution

Question 8

Quantitative

Subjective

Objective

None of the above

Solution

Question 9

Actual error

Random error

Sampling error

Both b&c

Solution

Question 10

Secondary data

Mailed questions

Direct investigation

Sample investigation

Solution

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